NW_GR116 St. Joseph, MO Tue, Jun 09, 2020 USDA Market News Weekly Iowa Soybean Processor report Iowa Processor Bids and Offers as of 2:30 p.m. (Prices Quoted-Oil Cents/lb, Meal, Hulls Dollars/ton, Grains Dollars/bu) Offers Change Basis Change Crude Soybean Oil 26.48-28.48 UP 0.54-UP 0.29 -175N to 25N UP 25-UNCH 46.5% Soybean Meal R278.10-288.10 UP 3.4 -9N to 1N UNCH 46.5% Soybean Meal T278.10-288.10 UP 3.4 -9N to 1N UNCH Soybean Hulls-bulk 115.00-150.00 DN 10-DN 5 Bids Change Basis Change Soybeans 8.1325-8.5625 UP 12.75-UP 8.75 -50N to -7N UNCH-DN 4 Changes in oil are cents per pound, changes in meals/hulls are dollars per ton, changes in soybeans are cents per bushel. Soybeans = US 1 Yellow; Soybean Meal R = Rail, T = Truck Chicago Board of Trade month symbols: F January, G February, H March, J April, K May, M June, N July, Q August, U September, V October, X November, Z December ------------------------------------------------------------------------------ Monthly Prices for: May 2020 Soybeans 8.20 46.5% Soybean Meal R 286.88 46.5% Soybean Meal T 286.88 Soybean Hulls–bulk 160.63 Crude Soybean Oil 25.59 Source: USDA-MO Dept of Ag Market News, St. Joseph, MO Jillian Federoff, Market Reporter 816-676-7000 StJoe.LPGMN@ams.usda.gov         www.ams.usda.gov/mnreports/NW_GR116.txt         www.ams.usda.gov/LPSMarketNewsPage         1341CJF